from Wolf Street:
Last week the United States and the European Union completed their sixth round of talks on a transatlantic trade deal, with both sides saying that they are on track for the “ambitious and comprehensive” trade pact that they have been seeking in the shadows for the last two years. Unlike the Trans Pacific Partnership whose progress has been temporarily stalled in the U.S. Congress and which apparently faces stiff resistance from a handful of Asian nations, the Transatlantic Trade and Investment Treaty appears to be set on a smooth course toward consummation.
But who’s actually driving the agenda of this highly secretive trade treaty that threatens to remake the market rules and regulations governing the world’s two biggest markets? According to a report by Corporate Europe Observatory (CEO), the answer is as predictable as it is depressing – corporate lobbyists:
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